 |
 |
Article dans une revue
Productivity for airline carriers and its relation to deregulation, privatisation and membership in strategic alliances
Abstract : This study looks at how deregulation, privatisation and the formation of strategic alliances have affected the productivity of international airlines. We evaluate all three factors simultaneously and disaggregate the carriers' operations into production and sales and allow for unobserved firm-level heterogeneity through random parameters. Estimations of stochastic frontier models reveal that on the aggregate level, deregulation increases productivity, membership in alliances has an ambiguous effect and state ownership has no significant effect. Disaggregating the carriers' operations confirms the productivity gains from deregulation, and that state ownership and alliances have contradictory effects.
https://hal-mines-paristech.archives-ouvertes.fr/hal-00659176
Contributeur : Yann Ménière <>
Soumis le : jeudi 12 janvier 2012 - 11:52:43
Dernière modification le : jeudi 24 septembre 2020 - 16:58:02
Contributeur : Yann Ménière <>
Soumis le : jeudi 12 janvier 2012 - 11:52:43
Dernière modification le : jeudi 24 septembre 2020 - 16:58:02